Active

$165,000

1508 Terrace Dr, Heber Springs, AR 72543

3beds

1,196sqft

$1,142/mo

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Single Family Residence

Built in 1973

0.33 Acres Lot

$149,100 Zestimate^®

$138/sqft

$-- HOA

What's special

Beautiful stone exteriorCentral heating and airFenced backyardSpacious level lot

Welcome to 1508 Terrace Drive in the heart of Heber Springs! This charming 3-bedroom, 1-bath home offers an inviting open-concept living and kitchen area, beautiful stone exterior, and a spacious, level lot with a fenced backyard. Previously renovated with updates including flooring, kitchen, bathroom, windows, roof, and central heating and air, this home offers comfort and convenience in an established neighborhood. Enjoy the back patio, perfect for relaxing or entertaining, while being just minutes from shopping, dining, schools, and everything Heber Springs has to offer. Whether you’re looking for a primary residence, weekend getaway, or investment opportunity, this property is worth a look! Schedule your showing today!

1 day
180
11

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Rooms

Room types: Den/Family Room

Dining room

Features: Eat-in Kitchen

Appliances

Included: Electric Range, Dishwasher
Laundry: Laundry Room

Features

3 Bedrooms Same Level
Flooring: Luxury Vinyl
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 1,196
Total interior livable area: 1,196 sqft

Property

Parking

Parking features: Parking Pad

Features

Levels: One
Stories: 1

Lot

Size: 0.33 Acres
Features: Level

Details

Parcel number: 30002421000

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Stone
Foundation: Pillar/Post/Pier
Roof: Shingle

Condition

New construction: No
Year built: 1973

Utilities & green energy

Electric: Elec-Municipal (+Entergy)
Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: TERRACE GARDENS

HOA

Has HOA: No

Location

Region: Heber Springs

Financial & listing details

Price per square foot: $138/sqft
Tax assessed value: $153,620
Annual tax amount: $721
Date on market: 10/20/2026
Road surface type: Paved

Estimated market value

$149,100

$139,000 - $160,000

$1,004/mo

Price history

Date	Event	Price
10/20/2026	Listed for sale	$165,000+0.6%$138/sqft
Source: CARMLS #26042413 Report a problem
1/5/2026	Listing removed	$164,000$137/sqft
Source: CARMLS #25048579 Report a problem
12/11/2025	Listed for sale	$164,000+26.2%$137/sqft
Source: CARMLS #25048579 Report a problem
7/18/2024	Sold	$130,000-7.1%$109/sqft
Source: CARMLS #24018186 Report a problem
7/18/2024	Contingent	$140,000$117/sqft
Source: CARMLS #24018186 Report a problem
5/24/2024	Listed for sale	$140,000+233.3%$117/sqft
Source: CARMLS #24018186 Report a problem
6/27/2014	Sold	$42,000$35/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,321 +29.4%	$30,724 +29.4%
2024	$1,021 +69.7%	$23,750 +69.7%
2023	$602 +9.1%	$13,994 +9.1%
2022	$552 +10%	$12,828 +10%
2021	$501	$11,662
2020	$501	$11,662
2019	$501 +0.5%	$11,662
2018	$499 +467.1%	$11,662
2017	$88	$11,662 +12.6%
2016	$88	$10,355
2015	$88	$10,355
2014	$88 +66.7%	$10,355
2013	$53	$10,355
2012	$53 +1.5%	$10,355 +0.2%
2011	$52	$10,335
2010	$52	$10,335
2009	--	$10,335
2008	$52	$10,335